Emerg­ing world cities

HT Estates - - HTESTATES - HT Es­tates Cor­re­spon­dent

protests which can arise from the forcible or com­pul­sory land ac­qui­si­tion method The land pool­ing con­cept helps un­lock pre­vi­ously frag­mented land hold­ings and free up ad­di­tional land which, in semi-ur­ban and ur­ban fringe ar­eas, can be ef­fec­tively utilised for cre­at­ing af­ford­able, low-cost hous­ing It also al­lows for cre­ation of newer cen­tres for com­mer­cial growth, thus help­ing to cre­ate em­ploy­ment op­por­tu­ni­ties

Mum­bai, Delhi and Ben­galuru – all tier- I cities of In­dia – are ranked 4, 14 and 18 among most glob­alised emerg­ing cities, ac­cord­ing to JLL’s new re­port ti­tled Glob­al­i­sa­tion and Com­pe­ti­tion: The New World of Cities.

The re­port re­veals in­ter­est­ing in­for­ma­tion about how emerg­ing world cities are in­te­grat­ing into the global econ­omy; have be­come cen­tres of de­mand-sup­ply; the new world or­der of cities and how lead­ing In­dian cities stack up in all of th­ese in­dices.

Emerg­ing world cities’ are the busi­ness cap­i­tals of large do­mes­tic economies and ex­pe­ri­ence many of the scale, gov­er­nance and im­ple­men­ta­tion chal­lenges of more es­tab­lished re­gions. Of­ten sup­ported ac­tively by their na­tional gov­ern­ments, they are in a process of eco­nomic ad­just­ment and ur­ban and met­ro­pol­i­tan re­struc­tur­ing to op­ti­mise the ben­e­fits of global en­gage­ment.

Be­tween now and 2030, dis­pos­able in­comes in Shang­hai and Beijing are set to rise by over US$350 bil­lion – more than in Lon­don and Tokyo – while con­sumer spend­ing may in­crease by more than US$250 bil­lion. Out­side China, cen­tres such as Jakarta, Is­tan­bul and Mum­bai are also see­ing an ur­ban con­sumer de­mand surge. This growth has big im­pli­ca­tions for the growth of the re­tail sec­tor, and for the de­mand and sup­ply of dif­fer­ent kinds of space in th­ese cities. Emerg­ing cities such as Ben­galuru, War­saw, San­ti­ago, Shen­zhen, Guangzhou, Colombo and Chengdu have at­trac­tive busi­ness en­vi­ron­ments, ex­ten­sive de­vel­op­ment op­por­tu­ni­ties and com­par­a­tively welle­d­u­cated pop­u­la­tions. The ninth In­ter­na­tional Fire and Se­cu­rity Ex­hi­bi­tion and Con­fer­ence (IFSEC) In­dia Expo 2015 was re­cently held in the Cap­i­tal. The ex­hi­bi­tion show­cased se­cu­rity so­lu­tions for homes, city sur­veil­lance, safety of women and se­nior cit­i­zens, smart and safe cities and tran­sit safety.

In­au­gu­rated by deputy chief min­is­ter of Delhi, Man­ish Siso­dia, the ex­hi­bi­tion had com­pa­nies show­cas­ing prod­ucts such as CCTVs, equip­ment for bio­met­rics, in­te­grated sys­tems, ac­cess con­trol, cy­ber se­cu­rity, fire de­tec­tion sys­tems, in­truder alarms and fire alarms.

Panel dis­cus­sions were held on the theme of safe cities and in­cluded ses­sions such as safe tech­nolo­gies to bet­ter pre­pare cities dur­ing dis­as­ters, emer­gency re­sponse in real time, smart ways of en­sur­ing se­cu­rity in pub­lic trans­port etc.

Yo­gesh Mu­dras, man­ag­ing di­rec­tor, UBM In­dia, said, “To­day, in­dus­trial, com­mer­cial and res­i­den­tial es­tab­lish­ments re­quire se­cu­rity and sur­veil­lance so­lu­tions that need to be con­stantly up­dated.”

Over 300 com­pa­nies from 20 coun­tries par­tic­i­pated in the event. Th­ese in­cluded Aditya, Au­to­cop, Dahua, En­ter, Hi-Fo­cus, Hikvi­sion, Look­man, Se­cur­eye, Go­drej Se­cu­rity So­lu­tions, Honey­well, In­fi­nova, Keeper, Mes­sung, Pana­sonic, Starex Global and Wavesight among oth­ers. Su­pertech Lim­ited has launched a sports-cen­tric de­vel­op­ment ti­tled Sports Vil­lage, in Knowl­edge Park, Greater Noida (West). For the pur­pose, the de­vel­oper has part­nered with In­dian sports stars to open acad­e­mies within the premises of the project. The acad­e­mies will be pro­fes­sion­ally run un­der their su­per­vi­sion. The ten­nis acad­emy will be run by Sa­nia Mirza, the cricket acad­emy by Shikhar Dhawan, the golf acad­emy by Jy­oti Rand­hawa, the bad­minton acad­emy by Pul­lela Gopic­hand and the shoot­ing acad­emy by Ga­gan Narang. The project will be spread across 175 acres.

While 70% of the town­ship will be ded­i­cated to sports ac­tiv­i­ties as per the UP gov­ern­ment’s sports cities pol­icy, 30% of the project will com­prise 2BHK to 4BHK units apart from 500 in­de­pen­dent vil­las that will be de­signed by ar­chi­tect Hafeez Con­trac­tor.

While the apart­ments will be priced ₹ 22 lakh on­wards, a villa will cost ₹ 86 lakh.

“The ob­jec­tive be­hind part­ner­ing with the best names in the field of sports is to pro­mote sports in the area. Th­ese acad­e­mies will give an op­por­tu­nity to peo­ple to ex­cel in the sports of their in­ter­est,” says Mo­hit Arora, man­ag­ing di­rec­tor, Su­pertech Lim­ited.

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